CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) September 4, 2008

THE CHUBB CORPORATION

(Exact name of registrant as specified in its charter)

New Jersey

1-8661

13-2595722

(State or other jurisdiction of

(Commission

(IRS Employer

incorporation)

File Number)

Identification No.)

15 Mountain View Road, Warren, New Jersey

07059

(Address of principal executive offices)

(Zip Code)

Registrants telephone number, including area code (908) 903-2000

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

(e) On September 4, 2008, the Board of Directors (the Board) of The Chubb Corporation (Chubb)
approved amendments to certain of Chubbs compensation and benefit arrangements and individual
agreements covering its Board, Chief Executive Officer, Chief Financial Officer, Chief
Operating Officer and other employees to reflect technical changes necessary to comply with section
409A of the Internal Revenue Code (Section 409A). The amendments clarify the timing of payments,
timing of any deferral elections and the definitions of certain payment triggers. The following
arrangements and individual agreements were so amended:

Employment Agreement between Chubb and John D. Finnegan, dated January 21, 2003;



Change in Control Employment Agreement between Chubb and John D. Finnegan, dated as of
January 21, 2003;



Change in Control Agreement between Chubb and John J. Degnan,
dated December 6, 1995; and



Change in Control Agreement between Chubb and Michael
OReilly, dated June 30, 1997.

In addition to the technical changes required to comply with Section 409A, on September 4, 2008,
the Board approved amendments to the employment agreement between Chubb and John D. Finnegan, dated
as of January 21, 2003, and the change in control employment agreement between Chubb and John D.
Finnegan, dated as of January 21, 2003, to clarify when compensation deferrals and bonuses are
included in the definition of compensation when determining Mr. Finnegans supplemental pension
plan benefits and to clarify the types of permissible funding arrangements for any death benefits
payable under such agreements.